U.S. inflation · 1962–1977
$100 in 1962 has the same buying power as
$201
in 1977
| Cumulative price change | 100.7% |
|---|---|
| Average inflation rate | 4.75% per year |
| Converted amount ($100 base) | $201 |
| Price difference ($100 base) | $101 |
| CPI in 1962 | 30.2 |
| CPI in 1977 | 60.6 |
| Inflation in 1962 | 1.00% |
| Inflation in 1977 | 6.50% |
| $100 in 1962 → 1977 | $201 |
| $100 in 1977 → 1962 | $49.83 |
Between 1962 and 1977, the Consumer Price Index went from 30.2 to 60.6. Cumulatively, prices increased 100.7%, which works out to an average of 4.75% per year. Put differently, a dollar in 1962 bought what $0.50 buys in 1977.
| Amount in 1962 | Value in 1977 |
|---|---|
| $1.00 | $2.01 |
| $5.00 | $10.03 |
| $10.00 | $20.07 |
| $20.00 | $40.13 |
| $50.00 | $100 |
| $100 | $201 |
| $500 | $1,003 |
| $1,000 | $2,007 |
| $5,000 | $10,033 |
| $10,000 | $20,066 |
| $100,000 | $200,662 |
| $1,000,000 | $2,006,623 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1962 spending costs in 1977, by category:
| Category | Avg. yearly inflation | $100 in 1962 → |
|---|---|---|
| All items (CPI-U) | 4.75% | $201 |
| Medical care | 6.08% | $243 |
| Energy | 5.35% | $219 |
| Food | 5.20% | $214 |
| Core (all items less food & energy) | 4.53% | $194 |
| Transportation | 4.43% | $192 |
| Apparel | 3.59% | $170 |
Not shown because the BLS began these indexes after 1962: housing (1967–), recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1962 |
|---|---|---|---|
| 1962 | 30.2 | 1.0% | $100 |
| 1963 | 30.6 | 1.3% | $101 |
| 1964 | 31 | 1.3% | $103 |
| 1965 | 31.5 | 1.6% | $104 |
| 1966 | 32.4 | 2.9% | $107 |
| 1967 | 33.4 | 3.1% | $111 |
| 1968 | 34.8 | 4.2% | $115 |
| 1969 | 36.7 | 5.5% | $122 |
| 1970 | 38.8 | 5.7% | $128 |
| 1971 | 40.5 | 4.4% | $134 |
| 1972 | 41.8 | 3.2% | $138 |
| 1973 | 44.4 | 6.2% | $147 |
| 1974 | 49.3 | 11.0% | $163 |
| 1975 | 53.8 | 9.1% | $178 |
| 1976 | 56.9 | 5.8% | $188 |
| 1977 | 60.6 | 6.5% | $201 |
MLA: “Inflation from 1962 to 1977: $100 is worth $201 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1962-to-1977/
APA: InflationCalculator.com. Inflation from 1962 to 1977. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1962-to-1977/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.